Tuesday, May 5, 2026
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Jindal Saw flags Middle East conflict impact on exports and operations
Indian pipe manufacturer, Jindal Saw Limited has reported disruptions to its Middle East-linked business in Q4 FY26, as the ongoing regional conflict has affected...Mughal Steel reports higher profit in 9M FY26
Pakistan-based Mughal Iron & Steel Industries Limited (Mughal Steel) reported improved profitability for the nine months ended March 31, 2026, supported by stronger margins...Al Suwaidi completes piping fabrication for Aramco project
Saudi Arabia-based Al Suwaidi Heavy Industries (SHI), a subsidiary of Al Suwaidi Industrial Development Holding Company, has completed the fabrication and delivery of piping...Metal Park launches phase two to expand industrial ecosystem in Abu Dhabi
Metal Park has announced the launch of phase two of its integrated industrial ecosystem on the opening day of Make it in the Emirates...
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Thyssenkrupp, Jindal pause talks on steel unit stake sale
Thyssenkrupp AG and Jindal Steel International have agreed to pause discussions on a potential stake sale in Thyssenkrupp Steel Europe, citing changes in key...Wuppermann expands capacity and product range with new pipe mill
Wuppermann expands capacity and product range with new pipe mill Wuppermann Metalltechnik GmbH (WMT) has inaugurated a new pipe mill at its Altmunster site in...GrafTech raises graphite electrode prices amid weak margins
GrafTech International Ltd. has announced a price increase of USD 600-1,200 per ton on uncommitted graphite electrode volumes, as part of efforts to restore...Ferrosource to launch steel processing facility at Big River Steel site in Arkansas
Ferrosource is nearing completion of a new steel processing facility at the Big River Steel Works campus in Osceola, Arkansas, with operations expected to...
- Prices
Scrap import prices gain on firm supplier sentiment
Turkey's import scrap market extended its upward trend this week, supported by firm supplier sentiment and high freight costs. HMS 1&2 (80:20) import prices...Hadeed raises long steel prices for May output
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production. Rebar (12-32 mm) prices were raised...Iron ore futures rise on upbeat PMI data
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's...Kardemir lowers rebar prices in latest sales round
Turkish steel producer, Kardemir has reduced rebar prices in its latest sales round. The company set prices for 12-32 mm rebar at TRY 26,815 (USD...
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